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#cryptonews 🌎
9 weeks of S&P 500 growth came crashing down with a $2 trillion drop 🔪
Trump tried hard, but he fell short of making it to the IPO of his buddy Elon Musk's venture. Meanwhile, the crypto market got wrecked just as we predicted in our video, but the SpaceX IPO has already been oversubscribed.
The new head of the Fed has been blamed for yesterday's drop: with a strong labor market and rising inflation, he simply has no room to lower rates.
Previously, we discussed how Waller might navigate this through AI or a change in the inflation calculation method. We'll find out the odds on June 10: if prices keep rising, the markets might see another red week.
For #BTC , next week is crucial. We've already hit the first cycle bottom level at 200 #WMA ($61,800), but the stats suggest a potential drop to the 300 WMA ($53,900). If Trump doesn't manage to take down Iran on Monday, and inflation in the U.S. spikes on Wednesday – get ready for the best buying opportunity for BTC according to the cycle bottom indicators.
And the scenarios for the SpaceX IPO on June 12 and its impact on BTC
9 weeks of S&P 500 growth came crashing down with a $2 trillion drop 🔪
Trump tried hard, but he fell short of making it to the IPO of his buddy Elon Musk's venture. Meanwhile, the crypto market got wrecked just as we predicted in our video, but the SpaceX IPO has already been oversubscribed.
The new head of the Fed has been blamed for yesterday's drop: with a strong labor market and rising inflation, he simply has no room to lower rates.
Previously, we discussed how Waller might navigate this through AI or a change in the inflation calculation method. We'll find out the odds on June 10: if prices keep rising, the markets might see another red week.
For #BTC , next week is crucial. We've already hit the first cycle bottom level at 200 #WMA ($61,800), but the stats suggest a potential drop to the 300 WMA ($53,900). If Trump doesn't manage to take down Iran on Monday, and inflation in the U.S. spikes on Wednesday – get ready for the best buying opportunity for BTC according to the cycle bottom indicators.
And the scenarios for the SpaceX IPO on June 12 and its impact on BTC
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